Diamond Assassins

Analysis

Diamond Assassins is a registered charity in United States, based in Cinnaminson, NJ. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Diamond Assassins reported income of $59k and spending of $52k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,802 to $59k (+503%), an average of +503% a year. The sharpest change came in the year to December 2023, when income rose by 503%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Diamond Assassins sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States Inc ($59k), Dover-Sherborn Boosters Inc ($59k) and Compton Traditional Bowhunters Ltd ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,409 against liabilities of $0, net assets of $9,409.